An account with the same Principal Amount growing at a rate of 5% will grow the fastest if the account is *
Simple Interest
Compounded Quarterly
Compounded Monthly

Compounded Quarterly

Step-by-step explanation:

This is because the compound interest equation is dependent on the number of times the amount is compounded per year. Monthly is 12 times per year and quarterly is only 4. Simple interest stays at a linear rate.

The distance of the entry point of the ramp from the building is:

                           7.96 feet

This problem could be modeled with the help of a right angled triangle and one of the angle of the triangle being equal to 6 degree such that the hypotenuse of the triangle is: 8 feet.

Now, we are asked to find the length of the side which is adjacent to the angle 6 degree.

In triangle ΔABC using the trignometric ratio we have: